Iran's spring 1405 non-oil exports reach $11.7 billion, down 14.4% in value from a year earlier

According to Faroud Asgari, deputy economy minister and head of Iran's Customs Administration (IRICA), the value of the country's non-oil exports in the first quarter of the year 1405 (21 March to 21 June 2026) reached about 11.655 billion dollars. The volume stood at 34.476 million tons, a 9.3 percent drop in weight and a 14.4 percent decline in value compared with the same period last year. The average customs value per ton of exported goods was 338 dollars, down 5.6 percent year-on-year. Petrochemical exports over the period totaled 11.133 million tons worth 4.684 billion dollars, a 24.5 percent decline in value. Liquefied propane at 874 million dollars, liquefied butane at 611 million, methanol at 576 million, petroleum bitumen at 574 million, and natural gas at 456 million led the non-oil export basket.